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Important-20% VAT Increase

As from today, January 4th 2011 the VAT rate has been increased to 20% from its previous rate of 17.5%.

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Congestion Charge Area Reduced

In central London the Western Extension has been removed from the charging zone. As of today 4th January 2011 motorists will no longer have to pay the charge if you drive in this area and remain outside of the congestion charge zone highlighted in the image above.
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Kanye West Announces Joint Album With Jay-Z Out In A Week

According to Billboard.com while celebrating at the opening of Marquee nightclub in Vegas on New Years Eve with Rihanna et al, Kanye West announced that his latest collaborative project with Jay-Z “Watch The Throne” will be released in a week.